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Silver Bull Resources Inc SVBL


Primary Symbol: T.SVB

Silver Bull Resources, Inc. is a Canada-based exploration-stage company. The Company owns a number of property concessions in Mexico within a mining district known as the Sierra Mojada District, located in the west-central part of the state of Coahuila, Mexico, near the Coahuila-Chihuahua state border approximately 200 kilometers south of the Big Bend of the Rio Grande River. The Sierra Mojada Project site is situated to the south of the village of Esmeralda, on the northern side of a major escarpment that forms the northern margin of the Sierra Mojada range. The principal mining area extends for approximately five kilometers in an east-west direction along the base of the precipitous, 1,000-meter-high Sierra Mojada Range. The Sierra Mojada Project comprises over 20 concessions consisting of approximately 6,496 hectares (about 16,052 acres). The Sierra Mojada concessions contain a mineral system which can be separated into two distinct zones: a silver-rich zone and a zinc-rich zone.


TSX:SVB - Post by User

Comment by Heywood_Silverson Jan 01, 2024 2:41pm
131 Views
Post# 35806179

RE:One good silver property purchase by SVBL and we will fly !

RE:One good silver property purchase by SVBL and we will fly ! The question at the end of the day after SVBL receives their compensatory payout is, do they try to muddle through the issues at Sierra Mojada or walk away?  Do they look, as per your suggestion, for another project to start working on?  Or, does Barry and company decide to focus 100% on their Kazakhstan project (Arras) and liquidate SVBL and pay a one-time special dividend to shareholders and completely close up shop in Mexico?

I suppose pros and cons could be made for each of the three options.  Let's see what happens.  However, if the payout is large enough and we can find a project worthy of investment at rock bottom prices, I am all for your suggested option.

My concern is, that by the time we receive any payouts, gold and silver will have increased so much in value that attempting to buy a new property will no longer subject us to the environment whereby we can achieve rock bottom prices.

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